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Japanese Muji expands in Germany |
The Berlin shop opening planned by the Japanese lifestyle company Muji should take place this week. According to its management, Friday, May 16th should see the shop on Hackescher Markt open its doors at 10.00 am for the first time, providing citizens of the capital with access to "a world
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Nike unveils Chinese Olympic uniforms |
Nike CEO Mark Parker and 22 Chinese Federations unveiled their uniform collections for the Olympics this week. Nike worked with Chinese athletes, the Chinese Olympic Committee, and 22 of the 28 sport Federations to complete its most lightweight and innovative performance
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Bergdorf Goodman most luxurious |
Following the latest survey by the Luxury Institute, wealthy US consumers rate Bergdorf Goodman, Barney’s and Neiman Marcus as the most prestigious luxury retailers. The survey showed that high net-worth consumers rated Bergdorf Goodman as the most prestigious luxury retailer in the
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Oliver Peoples by Kris Van Assche |
With the arrival of the summer season a pair of designer sunnies is a must. Eyewear brand Oliver Peoples and European designer Kris Van Assche joined forces to create a limited edition sunglasses. Van Assche secured his place in the fashion scene with seven seasons under his belt of his
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Olympic spirit to boost Shanghai Tang |
Leading the way in modern Chinese chic, luxury retailer Shanghai Tang is expecting a significant boost from this summer's Olympic Games. The company's executive chairman was quoted in WGSN that the event is a great chance for the company to raise its international profile.
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Personal shopping hits the high street |
Personal shopping services are quickly gaining popularity across the UK's retail sector, appearing in outlets where you least expect them, according to the Retail Bulletin. Whilst the service is hardly novel: Harrods, Harvey Nichols and upmarket boutiques such as Browns and Cricket have
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Puma on target despite sales dip |
The profits of German sports brand Puma dropped with 7% over the first three quarters of this year. The company made a profit of 90 million Euros, whereas last year Puma gained revenue of 96,6 million Euros. On a global level the sports brand’s profit increased with 0,5%; footwear
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Fashionspace.com new fashion platform |
Iqons, the social networking community that aims to set fashion and creativity free of geographic and social limits is about to get a run for its money with the launch of the new fashion networking site called Fashionspace.com. Myspace, the social networking site that proved a hit
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Gap outlook remains challenging |
Gap last week reported net sales of $1.10 billion for the four-week period ended May 3, 2008, which is an increase of 1 percent as compared with net sales of $1.09 billion for the same period ended May 5, 2007. The company’s comparable store sales for April 2008 decreased 6 percent
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Next reports drop in sales |
High street and catalogue retailer Next last week reported a 9 per cent drop in sales. Next's shares surged to a two-month high on relief that the figures were not worse. In May last year shares were GBP24.24, but they fell to GBP10.73 two weeks ago. On Thursday they closed at GBP13.02.
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Maidenform sings DKNY license |
Global intimate apparel company Maidenform Brands entered an exclusive global licensing agreement with Donna Karan International to design, source and market women's intimate apparel (innerwear) under the Donna Karan and DKNY brands. The agreement is effective immediately and financial
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Always ahead of the game, directional designers label Prada, launched in 2001 its New York 'epicentre store' with interactive dressing rooms. According to the latest study by TNS, consumers are ready for more futuristic revolutionary shopping experiences. The ‘New Future In Store’
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